ADNOC and OMV to Form Global Chemicals Powerhouse with Borouge Group International
The Abu Dhabi National Oil Company (ADNOC) and Austria’s OMV have announced the merger of their shareholdings in Borouge plc…
Tag: Business
Archer Aviation to Begin Flying Taxi Test Flights in UAE This Summer
U.S.-based Archer Aviation is set to begin test flights for its Midnight aircraft in the UAE this summer, as the…
UAE Dirham Strengthens Against Indian Rupee, Making Imports Cheaper
The strengthening of the UAE dirham against the Indian rupee in recent months is expected to make imports from India…
Dubai Emerges as a Global Hub for Ultra-Luxury Real Estate
Dubai’s luxury real estate market continues to attract billionaires and millionaires, redefining the global prime property landscape with its exclusivity,…
Microsoft to Shut Down Skype in May After Two Decades of Service
Microsoft has announced that it will retire Skype this May, marking the end of an era for the pioneering internet…
Euro Zone Consumers Lower Inflation Expectations but Remain Gloomy on Growth, ECB Survey Finds
Euro zone consumers have slightly lowered their short-term inflation expectations but remain pessimistic about economic growth, according to the latest…
European Central Bank Reports Major Outage in $1.9 Trillion Daily Transaction System
The European Central Bank (ECB) reported on Thursday that its critical transaction system, which processes approximately $1.9 trillion daily, suffered…
Trump Announces New Tariffs on China, Canada, and Mexico Over Fentanyl Smuggling
President Donald Trump announced Thursday that his administration will move forward with new tariffs on imports from China, Canada, and…
ADM Expands Presence in Middle East with Launch of Agro-Trading Entity in Qatar
Archer Daniels Midland Company (ADM), a global leader in agricultural supply chain management and processing, has officially launched ADM STF…
Apple Unveils Budget-Friendly iPhone 16E with Premium Features
Apple has introduced its latest budget-friendly smartphone, the iPhone 16E, offering high-end features at a significantly reduced price. The device,…